Citizens Bank, headquartered in Batesville, Arkansas, is known for offering great service to its clients. The bank now has approximately 20 offices throughout the state of Arkansas and is working to further expand its presence of Citizens Bank Batesville ar. When the bank was looking for methods to enhance operations, it was recommended that they meet with Teslar, which is how they became familiar with the company.
According to Pam Jones, Citizens Bank Batesville ar – Banking Services and Compliance, “Our aim was to make banking simpler for our consumers by simplifying procedures; it turns out that Teslar will provide many more efficiencies that are crucial to our future growth.” “Local shareholders own Citizens Bank, and it is overseen by a local board of directors, the majority of which are people who live, work, and invest in the same communities as our clients. Solutions like Teslar empower us to give greater service and support to these communities, which in turn has a positive influence on Main Street, all while allowing us to expand.
Automated Workflow
Citizens Bank has plans to use Teslar’s automated workflows and portfolio management tools to enhance commercial lending and simplify procedures such as exception tracking, reporting, and scorecards. These improvements will be made possible by streamlining the commercial loan process. As a result of Tesla’s integration with the bank’s document management portal, the amount of paperwork that must be completed and the number of manual, paper-based operations that are eliminated will increase.
According to Joe Ehrhardt, CEO and Founder of Teslar, Citizens Bank has been recognized nationally and locally as an institution that prioritizes providing excellent service to its consumers. “With Teslar, Citizens Bank will be able to invest in its commitment to its clients by providing a banking experience that is both more agile and pleasurable while also aiding the bank’s operations and its capacity to grow. Teslar can assist organizations like Citizens Bank in remaining competitive and expanding.
Loans
Citizens Bank was recognized for its Impact Loans & Grants Program and its work in aiding the Batesville Area Chamber of Commerce with developing the IMPACT Independence Strategic Community Plan. Both of these initiatives were awarded to Citizens Bank. The rehabilitation of Historic Main Street in Batesville is widely regarded as having been made possible, in no little part, by the financial assistance provided through Impact loans and grants. In part, increased economic growth may be attributed to the impact that the Impact Independence initiative has had throughout Independence County.
According to a statement issued by the ABA in a press release, “Citizens Bank has made a significant impact for a whole community through the Impact Independence County initiatives.” “The programme brought locals and regional officials together to brainstorm ideas to jumpstart the local economy and make other changes to people’s quality of life. The achievements speak for themselves.”
Cheap Interest Rate
Since it was first initiated in 2016, the bank’s Impact Loans & Grants program has disbursed a total of $6.5 million in loans and grants to more than 50 different organizations. Loans are being given out at very cheap interest rates to fund various development and refurbishment schemes.
According to the Citizens Bank, Batesville ar “the success of America’s banks is contingent upon the success of the communities in which they operate.” “Because of this, in addition to offering loans and other financial services, banks and the two million men and women employed to have a strong commitment to philanthropy, community leadership, and volunteering in their local communities. Bankers routinely volunteer their time and talents to meet the community’s needs. This includes providing free financial education lessons to students of all ages, serving on the boards of local nonprofit organizations, and supporting military families with special education and hiring programs.
